Biotechnology
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PRTA vs IONS
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
PRTA vs IONS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $602M | $12.70B |
| Revenue (TTM) | $10M | $1.06B |
| Net Income (TTM) | $-244M | $-327M |
| Gross Margin | -208.6% | 98.3% |
| Operating Margin | -22.5% | -33.3% |
| Forward P/E | 45.3x | — |
| Total Debt | $14M | $2.61B |
| Cash & Equiv. | $308M | $372M |
PRTA vs IONS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Prothena Corporatio… (PRTA) | 100 | 104.9 | +4.9% |
| Ionis Pharmaceutica… (IONS) | 100 | 136.7 | +36.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PRTA vs IONS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PRTA is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 0.96, Low D/E 4.9%, current ratio 7.72x
IONS carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 0.55
- Rev growth 33.9%, EPS growth 21.7%, 3Y rev CAGR 17.1%
- 126.0% 10Y total return vs PRTA's -70.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 33.9% revenue growth vs PRTA's -92.8% | |
| Quality / Margins | -30.9% margin vs PRTA's -25.2% | |
| Stability / Safety | Beta 0.55 vs PRTA's 0.96 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +141.2% vs PRTA's +52.1% | |
| Efficiency (ROA) | -10.1% ROA vs PRTA's -62.0%, ROIC -12.8% vs -21.0% |
PRTA vs IONS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
PRTA vs IONS — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
IONS leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IONS is the larger business by revenue, generating $1.1B annually — 109.2x PRTA's $10M. Profitability is closely matched — net margins range from -30.9% (IONS) to -25.2% (PRTA). On growth, IONS holds the edge at +87.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $10M | $1.1B |
| EBITDAEarnings before interest/tax | -$216M | $4.5B |
| Net IncomeAfter-tax profit | -$244M | -$327M |
| Free Cash FlowCash after capex | -$168M | -$971M |
| Gross MarginGross profit ÷ Revenue | -2.1% | +98.3% |
| Operating MarginEBIT ÷ Revenue | -22.5% | -33.3% |
| Net MarginNet income ÷ Revenue | -25.2% | -30.9% |
| FCF MarginFCF ÷ Revenue | -17.3% | -91.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | -99.0% | +87.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +63.0% | +39.8% |
Valuation Metrics
IONS leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $602M | $12.7B |
| Enterprise ValueMkt cap + debt − cash | $308M | $14.9B |
| Trailing P/EPrice ÷ TTM EPS | -2.47x | -32.29x |
| Forward P/EPrice ÷ next-FY EPS est. | 45.32x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 62.15x | 13.45x |
| Price / BookPrice ÷ Book value/share | 2.15x | 25.14x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
IONS leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
IONS delivers a -58.6% return on equity — every $100 of shareholder capital generates $-59 in annual profit, vs $-73 for PRTA. PRTA carries lower financial leverage with a 0.05x debt-to-equity ratio, signaling a more conservative balance sheet compared to IONS's 5.35x. On the Piotroski fundamental quality scale (0–9), IONS scores 3/9 vs PRTA's 1/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -73.0% | -58.6% |
| ROA (TTM)Return on assets | -62.0% | -10.1% |
| ROICReturn on invested capital | -21.0% | -12.8% |
| ROCEReturn on capital employed | -47.0% | -14.1% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 3 |
| Debt / EquityFinancial leverage | 0.05x | 5.35x |
| Net DebtTotal debt minus cash | -$294M | $2.2B |
| Cash & Equiv.Liquid assets | $308M | $372M |
| Total DebtShort + long-term debt | $14M | $2.6B |
| Interest CoverageEBIT ÷ Interest expense | — | -3.64x |
Total Returns (Dividends Reinvested)
IONS leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IONS five years ago would be worth $20,587 today (with dividends reinvested), compared to $4,725 for PRTA. Over the past 12 months, IONS leads with a +141.2% total return vs PRTA's +52.1%. The 3-year compound annual growth rate (CAGR) favors IONS at 29.8% vs PRTA's -47.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +21.5% | -3.5% |
| 1-Year ReturnPast 12 months | +52.1% | +141.2% |
| 3-Year ReturnCumulative with dividends | -85.5% | +118.4% |
| 5-Year ReturnCumulative with dividends | -52.7% | +105.9% |
| 10-Year ReturnCumulative with dividends | -70.8% | +126.0% |
| CAGR (3Y)Annualised 3-year return | -47.4% | +29.8% |
Risk & Volatility
Evenly matched — PRTA and IONS each lead in 1 of 2 comparable metrics.
Risk & Volatility
IONS is the less volatile stock with a 0.55 beta — it tends to amplify market swings less than PRTA's 0.96 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PRTA currently trades 95.6% from its 52-week high vs IONS's 88.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.96x | 0.55x |
| 52-Week HighHighest price in past year | $11.69 | $86.74 |
| 52-Week LowLowest price in past year | $4.32 | $31.66 |
| % of 52W HighCurrent price vs 52-week peak | +95.6% | +88.6% |
| RSI (14)Momentum oscillator 0–100 | 60.4 | 52.5 |
| Avg Volume (50D)Average daily shares traded | 475K | 2.1M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates PRTA as "Buy" and IONS as "Buy". Consensus price targets imply 69.9% upside for PRTA (target: $19) vs 39.6% for IONS (target: $107).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $19.00 | $107.27 |
| # AnalystsCovering analysts | 28 | 32 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
IONS leads in 4 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 1 category is tied.
PRTA vs IONS: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is PRTA or IONS a better buy right now?
For growth investors, Ionis Pharmaceuticals, Inc.
(IONS) is the stronger pick with 33. 9% revenue growth year-over-year, versus -92. 8% for Prothena Corporation plc (PRTA). Analysts rate Prothena Corporation plc (PRTA) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — PRTA or IONS?
Over the past 5 years, Ionis Pharmaceuticals, Inc.
(IONS) delivered a total return of +105. 9%, compared to -52. 7% for Prothena Corporation plc (PRTA). Over 10 years, the gap is even starker: IONS returned +126. 0% versus PRTA's -70. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — PRTA or IONS?
By beta (market sensitivity over 5 years), Ionis Pharmaceuticals, Inc.
(IONS) is the lower-risk stock at 0. 55β versus Prothena Corporation plc's 0. 96β — meaning PRTA is approximately 76% more volatile than IONS relative to the S&P 500. On balance sheet safety, Prothena Corporation plc (PRTA) carries a lower debt/equity ratio of 5% versus 5% for Ionis Pharmaceuticals, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — PRTA or IONS?
By revenue growth (latest reported year), Ionis Pharmaceuticals, Inc.
(IONS) is pulling ahead at 33. 9% versus -92. 8% for Prothena Corporation plc (PRTA). On earnings-per-share growth, the picture is similar: Ionis Pharmaceuticals, Inc. grew EPS 21. 7% year-over-year, compared to -99. 6% for Prothena Corporation plc. Over a 3-year CAGR, IONS leads at 17. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — PRTA or IONS?
Ionis Pharmaceuticals, Inc.
(IONS) is the more profitable company, earning -40. 4% net margin versus -25. 2% for Prothena Corporation plc — meaning it keeps -40. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IONS leads at -40. 5% versus -1905. 8% for PRTA. At the gross margin level — before operating expenses — IONS leads at 98. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is PRTA or IONS more undervalued right now?
Analyst consensus price targets imply the most upside for PRTA: 69.
9% to $19. 00.
07Which pays a better dividend — PRTA or IONS?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is PRTA or IONS better for a retirement portfolio?
For long-horizon retirement investors, Ionis Pharmaceuticals, Inc.
(IONS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 55), +126. 0% 10Y return). Both have compounded well over 10 years (IONS: +126. 0%, PRTA: -70. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between PRTA and IONS?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: PRTA is a small-cap quality compounder stock; IONS is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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